Annual Report & Accounts 2012 - Euromoney Institutional Investor ...

Euromoney Institutional Investor PLC Annual Report and Accounts 2012
www.euromoneyplc.com
Our Performance
4 Operating profit continued
Operating profit is stated after charging/(crediting):
2012
£000
2011
£000
Staff costs (note 7) 159,305 157,572
Intangible amortisation:
Acquired intangible amortisation 14,782 12,221
Licences and software 339 302
Intangible asset impairment (note 5) – 120
Depreciation of property, plant and equipment 3,408 2,651
Auditor’s remuneration:
Group audit 779 761
Assurance services 95 85
Non-audit 41 55
Property operating lease rentals 6,405 6,276
Loss on disposal of property, plant and equipment 53 11
Restructuring and other exceptional costs (note 5) 1,822 2,163
Acquisition (credit)/costs (note 5) (205) 1,012
Foreign exchange loss/(gain) 524 (1,196)
Audit and non-audit services relate to: 2012
£000
Group audit:
Fees payable for the audit of the company’s annual accounts 447 509
Fees payable for other services to the group:
Audit of subsidiaries pursuant to local legislation 332 252
Audit services provided to all group companies 779 761
Assurance services:
Interim review 95 85
Non-audit services:
Tax services 28 51
Other services 13 4
41 55
Total group auditor’s remuneration 915 901
2011
£000
Notes to the Consolidated Financial Statements
Company Accounts Group Accounts Our Governance
75